On 21 July 2025, the Federal Competition and Consumer Protection Commission (“FCCPC”) issued the Digital, Electronic, Online or Non-Traditional Consumer Lending Regulations, 2025 (“DEON Regulations”) to establish a regulatory framework governing digital, electronic consumer lending services in Nigeria.
Further to this, the FCCPC issued the Digital, Electronic, Online or Non-Traditional Consumer Lending Guidelines 2025 (the “DEON Guidelines”) which became effective on 18 November 2025. The DEON Guidelines were issued pursuant to sections 17 and 163 of the Federal Competition and Consumer Protection Act 2018 (“FCCPA”) to provide practical direction for lenders and intermediaries and clarify documentation requirements in ensuring compliance with the DEON Regulations.
This article examines the DEON Guidelines and highlights the obligations for consumer lending service providers.
